Pacific Stars And Stripes (Newspaper) - September 29, 1948, Tokyo, Japan                              Early reparation decision sought plan to prompt Industry buying � in new York sept. 29 up a recommendation that the reparations Issue be decided As soon As possible is made in an eight Point proposal issued by he far East America coun cil of Commerce and Industry with the View to encouraging / private foreign investment in japanese industries. The Council urged foreign investment in japanese Indus tries and services if the Amer ican taxpayer is to shed pay-1 ing Japan s recovery  in its memorandum the Council made the following recommendations -1.reparations be decided As soon As possible. 2.some definite basis be fixed by the United states government on which Ameri can companies will be taxed when they repossess them selves of their former invest ments in Japan. -3.work out As soon As pos sible a practical Exchange rate for conversion of yen in to foreign currencies. 4 financial reorganization and de concentration of Japa Nese enterprises be expedited. 5with approval of Scap japanese diet enact legis lation whereby for a period of years investments by foreign nationals in Plant and equip ment be safeguarded against excessive taxation. 6.with approval of Scap the japanese diet enact legis lation As soon As possible pro Viding for remittance in foreign currencies of annual profits from such investment As Well As withdrawal of Capi Tal if and when this becomes desirable. -7.the japanese diet with approval of Scap permit re sumption of banking and insurance and similar services in Japan by foreign entities.  be no discrimination on foreign investment of capital in respect to present japanese regulations regard ing raw materials allocation Price differentials Cost accounting Etc. Submitting its report to government officials in Wash Inton the Council urged that action be taken immediately because it cannot wait for a peace treaty if maximum benefits from such investment. Are of be realized in time to Foster private  needs in Japan for foreign capital Are almost without limit the report said and Many american businessmen also Are anxious for foreign investment and would Wel come joint Enterprise under  historically Japan has offered an attractive Field for american investment the report continued. Her credit record in this country is excellent since there never has been a default on a japanese loan marketed  to violations Moscow sept. 29 a a Tass dispatch from Helsinki said today Russia has called the attention of the finnish fore if minister to violations of the peace treaty by shooting and Hunting societies in the area of  dispatch said Soviel minister Sav Nenkov visited the finnish minister monday he told the finnish official the Hunting societies had engaged in military activity using an specially equipped Rifle Range which formerly be longed to a fascist Organiza Tion dissolved by finnish authorities a dispatch from Helsinki saturday quoted the communist press As saying the soviet Union already had demanded dissolution of Rifle clubs allegedly made up o former members of the outlawed Home guard. At tha time a finnish foreign office spokesman denied any forma protest had been made by the soviet but said Sav Nenkov had asked foreign minister Carl Senkell about the clubs. The soviet envoy told the minister that by this activity obligations undertaken by the finnish Republic in certain sections of the peace treaty had been contradicted. He added the soviet mis Sion in Helsinki would Awai effective action by Finland against the societies mentioned to halt the activities criticized and assurances similar organizations in the future would not undertake such military activities v As is Well known the Dis Patch said Finland in the peace treaty pledged Hersel to dissolve All political Mili tary Semi military and othe organizations of a fascist Typ from carrying on propaganda inimical to the soviet Union and not to allow the existence of such  negotiations Colorado crowds Hail Dewey strike May cause fresh food rationing in Pacific Acme photo crowds Hail gov. Thomas e. Dewey of new York Republican candidate for the presidency in Greeley colo., where his special Campaign train made a Brief Stop. One of Dewcy s contentions during his tour has been the insistence on a change in administration because the democratic party has been represented in the White House for 16 years. Re publicans confidently predict that voters will see the need Lor a change in the november elections. Quintero named for . Tokyo legation Manila sept. 29 up a a Divardo Quintero second Secretary of the philippine embassy in Washington will be named first Secretary and con sul general of the philippine legation which will be established shortly in Tokyo. Peary records found Washington sept. 29 up the state department announced that a joint Amer ican Canadian expedition to the Arctic had discovered re cords left near the North pole 43 years ago by adm. Robert Peary Stock Market new York. Sept. 29 a rail Sand oils yesterday led a. Stock mar Ket rally of modest size regaining third of monday s Sharp loss. Transfers were 910,000.the Shock of crisis news from Paris apparently was . And new developments had no Market bearing. Gainers included Santa be Nickel plate Phillips Petroleum Richfield Oil Sinclair Grumman aircraft Curtis Wright Oliver  Jones averages stocks 66.27, industrials 177.54. Rails 58.17. Utilities 34.06. Closing prices Anaconda 35,Baldwin 14%, Bethlehem 35 i Canadian Pacific Blank. Chrysler65%. Dupont 169%, general motors 59 i. Kennicott 55%. Montgomery53%, Shell 36%, Socony 18, -. Steel 78 i. Cotton futures were Strong in moderately Active trading. Closed60 cents to 1.35 a Bale higher. Octo Ber 31.50, december 30.99, march30.77. May 30.59. July 29.86. October 27.91, middling spot 32.15  new Orleans Cotton futures closed steady 60 cents to one dollars Bale higher. In Chicago commercial and com Mission House buying boosted Grain futures prices. Wheat closed 1 a j. _2�i cents higher december 2-25? Lor continued from Page 1 Molotov were rebuffed again and again on their demand that plans for the Western German government be abandoned. Late in August it be came apparent to the Kremlin that the Western Powers were not. Going to yield on that Point. The soviets gave up. Their Hope for an american humiliation but decided to drag the negotiations on and Force the Western Powers to break them off. Russia thus tried to Sal Vage a negative propaganda Victory by blaming the West Ern Powers for failure to reach agreement these officials said. It was noted that this is the line new being taken by the communist newspapers in Europe. The Tri Power White paper shows that the West became suspicious when Stalin suddenly agreed in principle to lift the blockade subject to settlement of technical vies tons among the four military com Manders in Berlin. Marshal v. D. Sokolovsky. Soviet commander in Berlin quickly overruled the Moscow agreement and when the Western Powers went Back to Check with Stalin they were told that he was out of town the View that Western firm Ness had upset Russia s plans for a big diplomatic Victory in the Berlin dispute was supported by congressional sources who predicted that Russia would Stop Short of War in her efforts to Force the Western allies out of Berlin. Sen. J. William Fulbright who just returned from Europe said there would be no War Over Berlin if the United states Britain and France stand up to Russia. He warned that Western Europe can not resist indefinitely either communist infiltration or a direct russian attack unless it achieves political and military Unity. If May study China currency Washington sept. 29 a China s new currency Reform May soon receive at Tention from the International monetary fund How holding its third annual meeting Here it was authoritatively Learned today. The global organization for strengthening the world s currencies is considering sending a Mission to China to study the new Gold Yuan system the objective being to offer suggestions to assist banking in solv ing its monetary problems. China s currency problems Are among the various world currency and financial matters slated to come before the fund informally during the present meeting. The first move in this direction concerning China s cur Rency came when chinese finance minister Wang Yunwu and ambassador Welling ton Koo conferred with in de Secre tary of state Robert Lovett. Wang told reporters after the meeting that there was an Exchange of views on China s currency  while declining to give de tails of the talk he expressed optimism on the Outlook for the new Gold Yuan saying the chinese Public s response to the banking government s currency Reform has been More than expected Wang said he is conferring with . Treasury Secretary John Snycer today. A the economic co Ope ration administration made no allocations to China ast week but an Ega official armed forces dedicate plaque  War dutch Trade croup Dueby United press a Netherlands Trade Dele gation will arrive Here october 5, to Confer with Allied head quarters officials on a financial arrangement and Trade agree higher. December 2.25?i 1 6. May 2j.7t 34, july 2.02 a. I Trade it was announced today. No Ega Aid to China Washington sept. 29 soviet radio British averted plays rough Seoul sept. 29 up the voice of Russia beamed for South korean listeners has grown louder and suddenly More challenging As a Sequen to Moscow s announcement calling for evacuation of Korea by the red army before Janu Ary 1, 1948. Radio monitors in the Amer ican occupied South estimate that the Load on the russian propaganda War increased More than 10 times since the soviet move. Daily and nightly the South korean Ether is saturated with russian invectives name calling and denunciations against leaders of the new korean Republic. Russian propagandists openly and with menacing vigor charge that these reactionaries traitors and pawns of american imperialism particularly presi Dent syn Man Rhee have even concluded a secret pact with the United states to de Lay withdrawal of the Ameri can army from the South. High american sources Here branded the secret pact As sheer invention. American officials Here be Lieve that the russian Promise for withdrawal was motivated by the growing unpopularity of the russians in the North. No word received from missionaries piping sept. 29 up associates reported that they had received no word from three american presbyterian missionaries trapped in Tainan. They Are the Rev. And mrs. John Hamlin of Auburn . And the Rev. Richard Bryant of Lockport . A Telegram received from them last tuesday said that All said further fund authorize was Well. On  last tons to that country Are sex week however Tainan fell to petted this week. The chinese reds. Chaos Singh new York sept. 29 up the e president of the India league of America speaking on the third anniversary o the Viet Nam Republic in French indo China said tha the timely withdrawal of the British from India thwarted All communist ambitions with the result that communists in India today Are on the  he said that if the dutch and the French had relaxed their Powers in Indonesia Anc French indo China communism would not have Fiouris Hec in those territories. Sirdar j. Singh said if the British had made the mis take of persisting in their Rul of India for another Yea there would have been a re Volution in the country resulting in Complete chaos Anc anarchy. This would have Given a free Opportunity to communist elements in  he said Iri another part o his speech if the dutch had not started to tear Down the indonesian Republic there would have been no Strong communist forces there. I the dutch imperialists Hac any foresight they would have helped Indonesia As a stabilizing and unifying Force this would have stopped the new Deal for Asia suggested by Chang Chun by Joe Jacobs banking sept. 29 up former Premier Chang Chun reported favourably on what he a in Japan and urged Crea Ion of an Asiatic economic bloc to the Mutual interest of All nations  in a 3,500-word nationwide radio broadcast summing up Lis impressions during his re cent visit to Japan Chang Aid japanese militarism has Een  he added that China should guard against possible Resur ence of the old spirit of aggression in Japan but said China now should actively help direct Japan toward eco nomic democracy in an Asiatic new Deal. He also urged Early Convoc Ion of a japanese peace con  Chun devoted much of his speech to allaying chinese fears that Japan will ise again militarily. He said Japan cannot become self sufficient even in the next free or four years. He said the common ques Ion in China was whether Scap had been too lenient and implied that he had gone of Japan to find an answer to that question. He said his visit showed him that general Mac Arthur s forces have been doing a thorough Job of Dis arming the japanese during communists. Therefore charge the dutch imperialists with helping to Foster communist elements in Indonesia. The same suicidal role i played by the French imperialists in Viet Nam the have been sowing the seeds o disaffection and recklessness. User names envoy Moscow sept. 29 a the user today appointed y k. Pri Jodo As soviet envoy to the mongolian people s re Public succeeding Nikola Bash on. Washington sept. 29 up the government dedicated a memorial to War Cor respondents killed in the last year. The memorial is located on the Wall of the new joint armed forces press room in the Pentagon building. De sense Secretary James for Restal unveiled it at a Cere Mony. Tha memorial honouring the War correspondents consists of a Large. Mural map of the world. On it is superimpose cd the pictures of Tach of the late correspondents and a Small plaque telling their affiliations and when and where they were killed. Members of the press and High military and civilian de fess officials gathered Lor the unveiling. K War correspondents included in the memorial Are John j. Andrew. United press missing and presumed dead on b-29 strike against Japan from China november 5. 1944.asahel Bush. Associated pres. Died of wounds suffered fro japanese bombing Taloban Philippines. October 25. 1944.John r. Cashman International news service killed in plane crash Okinawa. July 31. 1945. Harry e. Crockett. Associate press killed in Torp doing of Bri Tish warship Mediterranean sea february 5, 1943. William Chickering time life killed by japanese suicide plane which struck the Bridge of Ussner Mexico during landings at lingayen Gulf Philippines january 1945. Enron Darnton new York times killed in strafing attack on Small ship off new Guinea october 21,1942. Stanley w. Gunn fort Oij Testar Telegram died of wounds suffered from japanese bombing Taloban. Philippines october 29, 1944.joseph Morton associated press executed by germans when taken prisoner in Yugoslavia january 24, 1945.harold Kulick popular science monthly killed in plane crash a London August 10, 1944. Lucien a. Labaudt life Maga Zine killed in plane crash at Assam India december 13, 1943.frederick c. Painton Reader s digest died of illness on Guam april 1, 1945, soon after trans Ferring from european  p. Post new York times killed in bomber raid Over Ger Many february 26, 1943. Frank Frist Acme news pictures killed by japanese sniper on Letye Philippines november 13. 1944.william t. Shenkel Newsweek Magazine missing and presume dead on b-29 strike against Japan from China june 15, 1944. Jack Singer International news service killed in Torp doing of  Wasp in South Pacific september 15, 1942.ben Miller Baltimore Sun killed in plane crash in Usa May 18,1942, while visiting War install  Taves United press killed in plane crash. New Guinea dec Ember 27, 1943. Melville Jacoby time life killed in plane crash near Darwin Australia. April 27, 1942. Soon after escaping from Bataan. Carl thus Gaard Acme news Pic Tures killed while accompanying bomber raid to Padang South Pacific july 20, 1943. Dewitt Hancock associated press missing and presumed dead in sink ing of dutch ship Poeplau bras of Sumatra Netherlands East indies March 1942.raymond Clapper Scripps How Ard newspaper Alliance killed in plane crash. Marshall islands february 3, 1944.ernest t. Pyle Scripps howards newspaper Alliance killed by Japa Nese mortar fire on be Shima. April 18. 1945. Soon after arrival fro european front. Frank j. Cuhel. Mutual Broad ing so Stem. Killed in plane crash at Lisbon. Portugal. February -22, 1943when transferring from Pacific to european War  Parer Paramount news killed by japanese machine gunfire on Pel Eliu Island september 17. 1944.Robert Bellaire Collier s Maga Zine  injuries near Tokyo Japan september 30, 1945. Tom Treanor. Los Angeles times died from injuries suffered wherlis jeep was crushed by a Tan Northwest of Paris August 20. 1944john b. Terry. Chicago Dail news died of wounds suffered i japanese bombing. Taloban. Philip Pines october 31, 1944. Ben Robertson. New York  killed in plane crash a Lisbon Portugal february 22, 194david Lardner new Yorke Magazine killed by mine be Aachen Germany october 19, 194 Ian h. Fyfe London daily Mirr died of wounds Normandy France March 10, 1945.John f. Frankish. United pres killed in bombing raid near Lieg Belgium december 23, 1944. George Bede Irvin. Associate press killed by air bombs in nor Mandy France. July 25, 1944.frederick Faust Max Brand harpers Magazine died of wound lower Corigliano. Italy. May 1 1944.John Elliott. Australian broach casting company killed by japanes sniper Borneo Netherlands was indies july 3. 1945.w. J. Makin Kemsley news papers died of wounds in fran August 26. 1944. Harold Denny. New York Tim died of illness in Usa. July 1940, soon after returning fro Europe where he was a prison of  Palmer australian new service killed in japanese Bombina Empress Augusta Bay Landin Bougainville Island november 2 1943.pndil Rayner Brisbane aus Ralia. Telegram killed in plan crash. New Guinea december 2 1944.william Stringer Reuters Kille by artillery Shell near Chartr France August 17, 1944. Harry l. Percy United pres died of. Illness in Cairo Egypt april 20. 1942.webb Miller United press Kille in London blackout Accident. Ma3, 1940. Ralph Barnes new York , killed in bomber crash Yugoslavia november 18. ,1940.rene Jaun Aux. Be people Belgium died from injuries we jeep collided with tank at Unter Katz Germany april 5, 1945.leah Burdett pm newspaper slain by bandits Iran april 21942. Arthur a. Thorpe. Exchange Telegraph killed in Normandy invasion june 11. 1944, the past three years on the strength of their Japan Ese present resources and technical knowledge Japan s chances of building up an adequate military defense to Cope with another War Are 3lim,  he said in the political Field Scap has granted Japan a High degree of Freedom giving the people democratic privileges familiarizing them with the democratic spirit. All these measures can be considered Correct he said. Chang said. Scap had car ried out a strict purge of aggressive elements although certain traces of historical Poison still Are in  economically he said. Japan certainly has no Hope of at Taining self sufficiency within three or four  on the basis of chinese calculations he said 40 per cent of the imports under Japan s five year recovery program must come from Asia. In the Cass of exports he said she cannot but be dependent on Asiatic countries and particularly China As a Market. The key to Japan s economic recovery therefore is in China s hands. If China refused to cooperate with the Japa Nese their economic recovery program cannot be smoothly enforced. We should dispel passive and useless suspicion and apprehension on our part Anc Stop criticizing and pointing the censuring Finger at others we should instead assume an Active attitude and adopt a positive policy toward Japan " Chang concluded. Navy announces new Turbo engine Washington sept. 2 ins the Navy announce yesterday the development o an aircraft engine which Wil greatly increase Speed an Range while cutting fuel con sumption by More than 15 be  Navy has ordered an undisclosed number of the engines known As Turbo Cyclone 18" from the Wrigh aeronautical corporation o new  engine is said to Ernp loj a compounding system to re cover Energy normally lost b. Internal combustion engine through exhaust gases. The Navy said the gases Wil be used to operate a series o turbines and generate Powe Back to the engine crankshaft. Meanwhile the air Foresaid an engine employing similar principles has been ordered for its b-54 bomber from the Pratt and Whitney division of the United aircraft corporation. Army s refrigeration vessels not Able to Supply occupation san Francisco sept. 29 ins the army weighed esterday the possibility of rationing fresh foods among its rooms across the Pacific. This May become necessary next month if the West coast maritime strike continues. . Blamed for sponsoring Oil sabotage Budapest sept. 29 up the hungarian government issued yesterday. A document detailing its charges that the United states sponsored the sabotage of hungarian Oil production to prevent the rus sians from getting it. The Issue included photo Tats of hand written Confes Sions by Paul Ruedeman and George Barnetine Amer can president and vice presi Dent of the hungarian Amer can Oil company who were ousted from Hungary sunday after they had been detained x r a week. In Vienna the two Amer cans said the statements they signed were forced by Gestapo methods a government spokesman Landing out the document to foreign correspondents at a special press conference said Hungary had been forced to make Public the details of the Case because it had received so much publicity abroad. It is very unusual that a government should arrest representatives of a foreign com Pany which has Large interests i its country but it is just As unusual that officials of such a company should violate the Law and attempt to damage the Economy of a country in which they have contracts the spokesman said. The document quoted one of the arrested hungarian officials As saying that members of american military and com Mercial missions who visited Hungary in 1945 instructed him to Stop production be cause in 1945 All Oil deliveries were being made to soviet occupation Spaak speech Alaska Airlift planned Seattle sept. 29 up officials said four airlines Fly ing the Seattle Alaska routes completed plans for an Alaska Airlift to replenish territorial food shortages caused by the West coast maritime  continued from Page 1 is not the fear of a Coward it is the fear or someone who can look ahead and fear the horror and tragedy that May face us in the future he said the Assembly in dealing with the East West conflict must seek a spectacular coup a  turning to the soviet Dele gation he pleaded Promise us your cooperation. Promise us help to Start on a new basis then perhaps the fear tha exists now will disappear Anc the san Francisco Faith Wir again illuminate our minds. I is not too late but i believe it is time that we  Spaak poked fun at Sovie Delegate Andrei Vishinsky s complaint that american news papers print stories pointing out the distances Between american air bases and mos  or. Vishinsky wish to give me assurances that tin general staff of the Sovie Union never figured the air distance Between Moscow and London he  accused the russians o every possible violation o Good Faith in International organization and International  russians he said accuse others of imperialism by there is Only one great Power which emerged from the a having conquered and added territories and that is the  he then cited portions of Finland Poland Romania and Japan which Russia has annexed. Then he began a Long Recita Tion on the reasons the Wes fears Russia. We fear you because yom foreign policy now is Mon audacious and ambitious than the policy of the Czar. Spaak said. We fear you be cause. Your use and abuse o the veto. We fear you be cause your Champion National sovereignty. We fear you because you always have refused to Coope rate with the United nation whenever it made recommendations against your will. W. Fear you because of your Mak ing us seek our Security no within the framework of Thi organization but within the framework or other organizations. Such was the disclosure made by Brig. Gen. Paul f. Yount chief of the army transportation corps. Yount came to san fran Isco to testify in the National Abor relations Board hearing n unfair labor practice Harges filed by employers against the striking Cio Long Hore Union. Yount explained that the army has t enough refrigeration ships of its own to Ransport meat and other fresh foodstuffs in normally required amounts to occupation forces in the far East. He said overseas troops May therefore have to tighten their belts. He said the army has enough vessels to carry All required dry cargo across the Pacific but at the Best the army can transport Only four gifts of its Normal overseas fresh food supplies. He revealed that three army refrigeration ships have been reactivated and were in route from Norfolk to the West coast to Load perishables for the far Pacific forces. The strike involving five maritime unions entered its 27th Day yesterday with both sides apparently seeking a Way to save face by throwing he issues into the Lap of a prominent mediator. Longshore Leader Harry Bridges announced that he would accept the services of san Francisco mayor Elmer Robinson As an eminently fair logical impartial person of mediate the  the waterfront employers association said it was considering an answer to Robin son s announcement that he would step in As mediator if both sides invited him to do , the employers generally were expected to reject the bid on the grounds that their problem is not one so much of settling the dispute As one of assuring that the contract is observed once it is signed. Nevertheless it was indicated that the employers May Send a deputation to see Federal conciliation director Cyrus Ching when he arrives in san Francisco sunday. It was believed possible that the employers May request Ching s intercession for arbitration of the strike controversy. Faith in Eastern Ostmark drops Berlin sept. 29 a berliners have lost some of their Faith in russian issued Marks since the blow up of the four Power talks on the blockade. It became apparent today that Eastern Marks issued by the soviet authorities Are steadily dropping in value. At no time was the Ostmark considered equal to the West Ern deutschmark on a one for one basis even by ardent communists. The tangled political Situa Tion has been reflected some what in Black Market quotations on Germany currency Here during the past week. While there still seemed to be Hope that the four occupy ing nations were getting some where in their conversations about lifting the soviet imposed blockade of Berlin the russian Ostmark was being traded at the rate of Between two and three for one West Ern Mark. You maintain fifth columns be Side which Hitler Ite organizations were nothing but boy scout organisations. We fear you because there is not a sin Gle spot in the world where there government represented Here fail to find difficulties and where the difficulties Are still being encouraged by  earlier French foreign min ister Robert Schuman labelled the russian blockade of Berlin an act n of Force and warned that the United nations is on the Brink of Complete failure. Schuman spoke before the general Assembly after Ca Nada s retiring prime minister w. L. Mackenzie King accused Russia of wrecking the United nations Ideal of a world organization. Mackenzie King suggested that the rest of the world should go ahead with plans for atomic Energy control and development without Russia because Russia is almost ft1 we fear you because in alone in objecting to the Amer every country represented Here ican control plan